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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHe! "Fix the Debt" assholes! As a matter of fact we DO know how to "fix" Social Security
http://www.nationofchange.org/thanks-asking-fix-debt-we-do-know-how-fix-social-security-1380461471Here are some of the practical, real-world solutions were offering solutions which Americans want, and which will work to protect and expand Social Securitys benefits:
Expand Social Securitys benefits through bills like those introduced in the House and Senate by elected officials such as Sen. Tom Harkin, Sen. Mark Begich, and Rep. Linda Sanchez.
Finance these increased benefits by lifting the payroll tax cap as proposed in these bills. (Sadly for Fix the Debt, that will lead to the slight tax increase for billionaires such as group patron Pete Peterson, whose leading spokesperson is Fix the Debt CEO Maya MacGuineas.)
Explore ways to offer additional benefit enhancements by increasing the payroll tax very slightly for everyone, which polling shows most Americans would support.
Provide additional funding for benefits through a financial transaction tax on each Wall Street trade. While the individual tax assessed would be miniscule, the massive trading conducted on Wall Street including computerized trades would lead to a significant amount of money. This would have the added benefit of discouraging idle gambling, which reduces the likelihood of further bank-caused disasters.
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He! "Fix the Debt" assholes! As a matter of fact we DO know how to "fix" Social Security (Original Post)
eridani
Sep 2013
OP
stopwastingmymoney
(2,042 posts)1. K&R nt
Scuba
(53,475 posts)2. No reason capital gains should be exempt from SS taxes.
eridani
(51,907 posts)4. Yes, that too. Not sure if that is in Harkin's bill n/t
We already know that zero or low capital gains taxes does nothing for job creation.
bvar22
(39,909 posts)3. Raise the CAP!!!